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Samuel Insull envisioned and hired the design team for building a new opera house to serve as the home for the Chicago Civic Opera. The building has been seen as being shaped like a huge chair and is sometimes referred to as "Insull's Throne."

Insull selected the architecture firm Graham, Anderson, Probst & White who were responsible for numerous buildings in the downtown Chicago Loop (including the art deco Merchandise Mart and the former Morton Salt headquarters building next door to the Civic Opera House at 110 N Wacker, constructed in the 1950s). As they did on other occasions, the architects commissioned Henry Hering to produce architectural sculpture for the building.

The inaugural season was marked by the première of Camille, a modern opera by 28-year-old Chicago-composer Hamilton Forrest July 15, 1929. It was commissioned by the Civic Opera's prime star and manager, Mary Garden. The opera received mixed reviews and parts of it were broadcast in the Boston area. The Civic Opera is the only house in which the work has ever been performed.[1]

The facility underwent a major renovation in 1993 when the Lyric Opera of Chicago purchased the space it had previously rented. The chairs were repainted and reupholstered, the carpeting replaced, and the gilt paint completely re-stenciled. The massive project was completed in 1996.

This opera house was the inspiration for the one featured in Orson Welles's film, Citizen Kane. In order for his aspiring opera singer wife to perform, Charles Foster Kane builds an opera house for her, but the quality of her singing reveals her ineptitude. The urban legend is that Samuel Insull built this opera house for his wife, who was not hired by New York's Metropolitan Opera. Variations of this urban legend also often cite that the "chair" represented by the building's architecture faces West, which was intended to be symbolic of Insull turning his back to New York City's Metropolitan Opera from the geographic standpoint of Chicago. The fact, however, is that Samuel Insull's wife was not an opera singer. A variation on this theme is that it was Insull's daughter who wasn't hired—the problem with this variation is that Insull had no daughters.